Ulaanbaatar
Indian "Shopzippy" to enter Mongolia
EconomyUlaanbaatar /MONTSAME/ Shopzippy, which is India’s first free assisted E-commerce startup, decided to take its platform to Mongolia. The company is expanding its business in different geographies with a localized approach. Global E-commerce is going at an unprecedented scale and this huge untapped market as well ease of doing business is triggered to go beyond Indian borders to carry-out business.
‘During my visits to many foreign countries I observed how people are addicted to India. Indian food and movies are famous all over as well at their art and crafts. I get to see some people inquiring specialist of Indian stuff which is very expensive in local markets. This gave me a big hint to go global’ says Ranadheer Reddy, Founder of Shopzippy. When it comes to foreign markets, the company prefers JVs with local partners because of Knowledge and Operational Flexibility.
